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Tricorp Federal Credit Union Services

Funds Transfer

Tricorp offers a full range of services developed to make funds management simple and efficient for our member credit unions.  Our services enable credit unions to benefit from the ease and flexibility of automated systems, and we offer an array of options so credit unions can pick and choose the services that best meet their needs and their members' needs.

 

 

  • Outgoing/Incoming Wires – These are wire transfers that move funds between institutions for credit unions and credit union members through your overnight account.  In addition to calling to initiate outgoing wires or Tricorp calling you with incoming wires for you and your members, outgoing wire transfers can be sent easily and incoming can be viewed through our online service Open Door. For routine periodic transfers outgoing wires can be set up as recurring (wires sent on a recurring basis for you and/or your members).  With recurring wires there is no need to call or input (Open Door) the completed information every time, you simply need to enter the amount.

 

  • International Wires – An international wire is a wire sent directly to a bank in a foreign country.  These wires may be sent in U.S. Dollars or in the currency of the country receiving the wire.  These wires are done by calling Tricorp.

 

  • Western Union – Tricorp offers Western Union ’s Quick Cash Service which enables the credit union to send funds for or on behalf of their members for pickup in the United States or Foreign Countries. This is a quick and efficient way to send funds for members who need cash immediately.  The funds are made available within minutes at any one of Western Union's locations worldwide.

 

  • Automatic Debit/Credit Transfer (ADT-CNCC) – Using an automated touchtone phone system, credit unions can transfer funds to and from another institution to or from their account at Tricorp for next business day credit.

 

  • ACH Origination – Tricorp offers ACH origination for credit unions and their members through APEX to help credit unions meet the rising demand for electronic funds transfer (ACH).  APEX is an online service allowing you to set up one-time payments as well as recurring payments (loan payments etc.) to and from the credit union for the credit union and members.  APEX also has the ability to be pushed down to your business members for a variety of reasons. (Payroll, billing etc.).



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